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40 years ago and now: Rasna fights to keep the love affair going

2015-01-16 03:51:14| Beverages - Topix.net

It was one of the few brands kids in the eighties could relate to. In the days of a single TV channel and a handful of advertisers, kids were hardly the audience.

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Automakers cater to America's renewed love affair with trucks

2015-01-13 19:34:00| Automakers - Topix.net

While General Motors Co's Chevrolet on Monday pulled the wraps off a tiny, environmentally friendly electric car called the Bolt, rival Ford Motor Co was showing off a 400-plus-horsepower pickup truck better suited to burning rubber than hauling hay. The new F-150 Raptor has racing shock absorbers, a 10-speed transmission and the word FORD splayed across the grill.

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Israel arrests 6 in Siemens bribe affair

2014-12-30 15:53:35| Industrial Machines - Topix.net

Israel's securities regulator said Tuesday that authorities have arrested six current and former executives from Israel's electric company on suspicion of accepting $20 million in bribes from German engineering firm Siemens AG. The Israel Securities Authority alleges Siemens and its Israeli subsidiary bribed the Israel Electric Corp. executives from 2000-2005 to win the Israeli company's tender for a power station turbine project.

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Israel arrests 6 in Siemens bribe affair

2014-12-30 15:46:37| Telecom - Topix.net

Israel's securities regulator said Tuesday that authorities have arrested six current and former executives from Israel's electric company on suspicion of accepting $20 million in bribes from German engineering firm Siemens AG. The Israel Securities Authority alleges Siemens and its Israeli subsidiary bribed the Israel Electric Corp. executives from 2000-2005 to win the Israeli company's tender for a power station turbine project.

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Johnson Controls CEO loses nearly $1M in bonus money in fallout from affair

2014-12-10 00:15:47| Automakers - Topix.net

The executive committee and the board of Johnson Controls Inc. determined that chairman, president and chief executive officer Alex Molinaroli failed to inform the corporation's audit committee about the potential conflict of interest in his extra-marital affair with a consultant hired by the company and decided to reduce his bonus by 20 percent for 2014. The decision by the executive committee and the board, with Molinaroli recusing himself, reduced his annual incentive performance plan payout to $3.92 million, down nearly $1 million, according to Johnson Controls' proxy statement filed Tuesday.

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